Transactions need to be simple to be effective- 山城老刁民

Transactions need to be simple to be effective

old troublemaker in mountain city

山城老刁民

Transactions are generally a process from simple to complex, and from complex to simple.

It is absolutely impossible to do trading without learning, and it is absolutely impossible to only study.

It is very important to master the basic knowledge in a down-to-earth manner.

Don't study any master-level incomprehensible theories and heresy skills.

I have read a lot of theories, and what they say is actually the same meaning. There will not be more than three books for the same knowledge.

Trading is said to be difficult, but the difficulty lies not in the market itself, but in the hearts of the people. It is difficult to imagine and judge by yourself.

Take the ego out of the transaction, and the transaction is simple.

There is a constant misunderstanding, which is to judge the direction. In fact, there is no need to judge the direction at all. As long as it is a judgment, it is a subjective thing.

Subjective things in transactions will increase the difficulty of one's own transactions.

As long as there is a support platform, you can go long, and if the platform falls below, you can stop the loss on long orders.

As long as there is a resistance band, you can go short, break through the resistance, and stop the loss on short orders.

As long as there is a profit-making list, you can move the stop loss and let the profit run.

Predicting the market is similar to telling a story, and analyzing historical market is the same as being funny.

What matters in trading is the present, not the past or the future.

Go long above the moving average, and go short below the moving average. The moving average is the average cost of the market. If the bulls are strong, they are on the side of the bulls, and if the shorts are strong, they are on the side of the shorts. A game of side selection.

Never think of yourself as a master, you can know what the market will look like in the future.

After trading for a long time, I knew that the master was just a legend.

Last updated: 09/11/2023 06:45

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